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First National Energy (First National Energy) 3-Year ROIIC % : 1.89% (As of Dec. 2022)


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What is First National Energy 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. First National Energy's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was 1.89%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for First National Energy's 3-Year ROIIC % or its related term are showing as below:

FNEC's 3-Year ROIIC % is ranked worse than
51.1% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.21 vs FNEC: 1.89

First National Energy 3-Year ROIIC % Historical Data

The historical data trend for First National Energy's 3-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First National Energy 3-Year ROIIC % Chart

First National Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.51 -18.78 83.43 -3.14 1.89

First National Energy Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Dec19 Dec20 Dec21 Sep22 Dec22 Sep23
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.43 -3.14 - 1.89 -

Competitive Comparison of First National Energy's 3-Year ROIIC %

For the Utilities - Renewable subindustry, First National Energy's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First National Energy's 3-Year ROIIC % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, First National Energy's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where First National Energy's 3-Year ROIIC % falls into.



First National Energy 3-Year ROIIC % Calculation

First National Energy's 3-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 0.062 (Dec. 2022) - -0.049 (Dec. 2019) )/( 6.728 (Dec. 2022) - 0.863 (Dec. 2019) )
=0.111/5.865
=1.89%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


First National Energy  (OTCPK:FNEC) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


First National Energy 3-Year ROIIC % Related Terms

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First National Energy (First National Energy) Business Description

Traded in Other Exchanges
N/A
Address
C/o Peter Wanner, 44 Greystone Crescent, Suite 200, Georgetown, ON, CAN, L7G 1G9
First National Energy Corp is engaged in the provision of wind-driven solutions for the solar and hybrid power generation market. Its projects include Zero Carbon World, Propulsion Systems, Diesel Group System, and Vertical Axis Wind Turbine. All assets of the business are located in the United States of America.
Executives
Lubi Enterprises Inc. 10 percent owner 1551 SECOND STREET, SARASOTA FL 34236
Gianni Guido Caputo director, officer: Vice President/Secretary 2000 WEBBER STREET, SUITE 3113, SARASOTA FL 34239
Gregory Dale Sheller director, officer: CEO/President/Director 2000 WEBBER STREET, #3113, SARASOTA FL 34238
Douglas Warren Lindeblom director, officer: P,CEO 2000 WEBBER STREET, SUITE 3113, SARASOTA FL 34239
Peter Wanner director, officer: Treasurer, CFO SUITE 200, 44 GREYSTONE CRESCENT, GEORGETOWN A6 L7G 1G9

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